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Economy
- Service : English General
- Category : Economy
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Gov't exchange companies: EGP 8,425 bn revenues of foreign currencies since exchange rate was liberalized
Date: 2024-04-01 08:34:02 GMT - Egypt - Economy - SN:9 - ID:10645869
CAIRO, April 1 (MENA) - The presidents of foreign exchange companies in three national banks, "Al Ahli Exchange" affiliated with the National Bank of Egypt, "Egypt Exchange" affiliated with Banque Misr, and "Cairo Exchange" affiliated with Banque du ....
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EMC achieves EGP 8.8 billion revenues in 2023 - Ministry
Date: 2024-03-31 16:52:57 GMT - Egypt - Economy - SN:52 - ID:10645428
CAIRO, March 31 (MENA) - The Egyptian Maintenance Company (EMC) achieved revenues amounting to EGP 8.8 billion in 2023, an increase of 26% compared to 2022, with the volume of contracts reaching 11 billion, an increase of 15% compared to 2022, a ....
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CEC, Egyptian association for industry sign MoU
Date: 2024-03-31 12:54:09 GMT - Egypt - Economy - SN:33 - ID:10645147
CAIRO, March 31 (MENA) - The Chemicals and Fertilizers Export Council (CEC) signed a memorandum of understanding (MoU) with the Egyptian association for industry and development in order to promote bilateral cooperation. The MoU primarily aims to ....
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Social solidarity min. follows up on EGP 4.5bn worth e-platform for economic empowerment
Date: 2024-03-31 11:54:49 GMT - Egypt - Economy - SN:27 - ID:10645003
CAIRO, March 31 (MENA) - Minister of Social Solidarity Nevine el Kabbaj on Sunday checked on the unified e-platform for economic empowerment which is set to be launched to automate all small and micro-sized projects carried out under the umbrella of ....
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Maait: Cabinet approves proceeding with initiative for financing facilitations in various productive sectors
Date: 2024-03-31 10:52:20 GMT - Egypt - Economy - SN:18 - ID:10644869
CAIRO, March 31 (MENA) - Finance Minister Mohamed Maait said the cabinet under Prime Minister Moustafa Madbouli approved to proceed with an initiative for supporting financing facilitations for incentivizing various productive sectors. This is ....
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Dollar exchange rate stable at beginning of Sunday's transactions
Date: 2024-03-31 08:41:56 GMT - Egypt - Economy - SN:12 - ID:10644726
CAIRO, March 31 (MENA) - The dollar exchange rate was stable at the start of Sunday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 47.23 for buying and EGP 47.45 for ....
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Egypt's agricultural exports hit $1.5 bln in 2024's Q1
Date: 2024-03-30 15:54:37 GMT - Egypt - Economy - SN:50 - ID:10644314
CAIRO, March 30 (MENA) - Egypt’s agricultural exports exceeded 2.2 million tons, valued at approximately $1.5 billion since January 2024, the Ministry of Agriculture and Land Reclamation announced Saturday. The figure marks an increase of $300 ....
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SCZone revenues soar 54% in FY 2023/24
Date: 2024-03-30 15:38:08 GMT - Egypt - Economy - SN:48 - ID:10644208
CAIRO, March 30 (MENA) - Revenues of the General Authority for Suez Canal Economic Zone (SCZone) in the 2023/2024 fiscal year until February 29, 2024 registered EGP 5.3 billion, marking an increase of 54 percent compared with the same period a year ....
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41 container ships, cargo vessels handled at Damietta Port in 24 hours
Date: 2024-03-30 15:31:15 GMT - Egypt - Economy - SN:46 - ID:10644285
DAMIETTA, Egypt, March 30 (MENA) - As many as 41 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours. In a statement released on Saturday, the Damietta Port Authority's media center said the total trade volume ....
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$ 43.8M profits in Nilesat in 2023
Date: 2024-03-30 13:45:38 GMT - Egypt - Economy - SN:32 - ID:10644040
CAIRO, March 30 (MENA) – Nilesat Satellite Company achieved profits in 2023 amounting to $ 43.8 million, compared to $ 38,9 million profits achieved in 2022, marking a 12% increase. The revenues hit about $101.8 million, compared to $ 99.8 ....
